Ichimoku analysis (4-Hour chart)
Tenken-Sen- 1.19370
Kijun-Sen- 1.19089
EURUSD is trading between 1.19507 and 1.19358 for the past four hours ahead of US PCE inflation. The demand for riskier assets increased after US President Biden has finalized an infrastructure deal with a bipartisan group of senators. The economic data released came mixed with weaker than expected US durable goods orders and positive US jobless claims. The pair hits an intraday high of 1.19507 and is currently trading around 1.19400.
Technical:
On the higher side, near-term resistance is around 1.19703, and any convincing breach above will take to the next level 1.2000/ 1.2035 (200- day MA). The pair's near-term support is around 1.1880, break below targets 1.1840/1.1800.
Indicator (4-hour chart)
CAM indicator- Bullish
Directional movement index –Bullish
It is good to buy on dips around 1.19350-360 with SL around 1.1900 for the TP of 1.2040.


Kiwi-Yen Bulls Reload at 93: EMA Support Stack Points to 96–97 Targets
FxWirePro- Major Pair levels and bias summary
FxWirePro: USD/ZAR shows upside momentum, but bearish outlook remains
FxWirePro: GBP/USD falls to two-day low, scope for further downside
EUR/USD Under Siege: Bearish EMA Stack Eyes 1.1525 as Iran Ceasefire Talks Crumble
FxWirePro- Major European Indices
FxWirePro: GBP/NZD stuck in narrow range , outlook bearish
GBPJPY Takes a Breather at 215 After Three-Week Rampage; Bulls Reload for 216–217
BTC Cracks Below $65K: Sell the Rip as Iran Tensions and ETF Bleeding Fuel Bears
FxWirePro: GBP/NZD gains some ground but outlook is bearish
FxWirePro: NZD/USD hovers near one-week low, outlook bearish
FxWirePro: USD/ZAR bears maintain upper hand
FxWirePro: GBP/AUD regains upwards momentum but unable to hold above 38.2% fib
AUDJPY Extends Five-Day Rampage to Near 115 as Yen Crumbles; Bulls Target 116–117
FxWirePro: AUD/USD edges lower as risk appetite sours on Geopolitical woe 



